If you are interested in launching your own financial advising enterprise, it is important that you take the time to proactively seek legal guidance concerning intellectual property issues. Intellectual property is an area of law that many new business owners don’t...
Break Away From The Pack
Business And Commercial Litigation
How do I know my insurance company is acting in bad faith?
When you sign up for an insurance policy, you are taking steps to ensure that you are covered for any financial losses that might arise if disaster strikes. On the other hand, the insurance company promises to show up and provide the monetary support necessary to get...
Should you start your own firm?
Working for a financial firm can be an extremely rewarding experience. You get to help people invest their money and grow their wealth. However, there may come a time when you feel like you're ready to start your own business. So, should you leave your financial firm...
Plan for a potential data breach
As an emerging financial services firm, you have to remember that your client’s privacy is a priority. You don’t want to be the firm that’s responsible for a data breach that leads to your client’s information being made public or being available on the dark web. ...
What causes shareholder disputes?
Shareholders are individuals who own stocks in a company. The number of stocks per person generally varies, with the company having major shareholders and minority shareholders. Nonetheless, it’s important that all shareholders feel respected and are treated within...
Are business partners who leave liable for abandonment?
Business partnerships start with the best of intentions. Unfortunately, that optimism can fade, and one partner may want to leave before the remaining partner(s) is/are ready to call it quits. It can lead to anger and frustration, not unlike a couple who divorces....
How can you protect your firm from difficult clients?
Starting your own financial firm means that you have to determine how you’re going to handle clients who are difficult. When you worked for another firm, you had the guidance of that firm, but you have to make these decisions on your own now. There are a few things to...
Protect your firm from partnership disputes
Partnership disputes are bound to happen at some point during your career. While it’s sometimes possible to take steps to prevent these from occurring, you also be prepared to protect your firm if one happens. It’s important that you never allow a partnership dispute...
Why your new firm needs a partnership agreement
You're interested in starting your own financial advising firm, but you're not doing it alone. You have a friend who works in the same space, and the two of you have been talking about partnering up to open a firm together. This can be a great idea and could be very...
Managing the reputation of your new finance firm
You put in a lot of years for a large finance firm. This sharpened your skills and gave you invaluable experience. You always dreamt of going it alone though, and you’ve broken away from your former company. The beginning has been a success but you need to ensure...